Posts Tagged ‘Succeeding During Down Economic Times’

Are You Desperate for a Sale?

Thursday, October 22nd, 2009

Desperation Does Not Work
Desperation Does Not Work

Given our recent economic woos, Many senior executives are asking their key client facing people to be more aggressive in the market place.  For example, many partners in professional services firms we work with are feeling the pressure to engage their clients, focus on building a pipeline of prospects and most importantly close new sales.  And for many professional services firms whose services where highly valued and utilized prior to the economic crisis and before – consultants are rusty, at best, in ramping up the mindset to sell.  Yet many partners and senior executives being asked to engage in more selling have never had to do it this intensely their entire careers!  This creates a particular challenge for many firms who feel the need to speed up the selling process in order to get results.

Now before I say anything else, it must be reinforced that there is a lot right with reinforcing a sales oriented culture.  To be even more candid – pipeline development and harvesting needs to be your philosophy in good times as well as challenging ones!  Hopefully the wake up call that has been ignited from these challenging times will continue as a standard operating approach. (more…)

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Part III – Leading Through the Next Great American Crisis

Tuesday, March 3rd, 2009

The Call for Leadership

The Courage to Lead
Choosing Courage over Fear
In my last two entries I shared some predictions and suggestions for successfully dealing with the current economic crisis.  These suggestions and predictions were based on historical research done by William Strauss and Neil Howe in their Book “The Fourth Turning – An American Prophecy.”   The book written in 1994 predicted that we were moving towards the next great American Crisis and so far the author’s prophecies have been eerily on target.  Whether or not Strauss’s and Howe’s predictions come true or not – we can certainly agree we are in unprecedented times and one of the keys to meeting the challenges of such a time has always been strong leadership.

Why is leadership so critical now?  Because leaders ultimately are the ones who create breakthroughs, challenge old ways of thinking, help others to find the strength to rise to a challenge and ultimately to share in the solutions that ultimately can take us to new heights.  In an earlier entry entitled “Markers for Executive Success” – I outlined three overarching competency arenas for transformational leadership:

  • Personal Engagement
  • Interpersonal Engagement
  • Organizational Engagement

I will leverage these three areas as anchors for exploring the leadership imperative for the challenging times we find ourselves in.

(more…)

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